FirstEnergy-Allegheny Energy Merger Filing Clears U.S. Department of Justice Review

FirstEnergy Corp. and Allegheny Energy, Inc.today were notified that the U.S. Department of Justice (DOJ) completed its review of the companies’ proposed merger and has closed its investigation. “We are pleased to have completed the DOJ review process — another important step in our merger with Allegheny Energy,” said Anthony... 

FirstEnergy Corp. Declares Common Stock Dividend

The Board of Directors of FirstEnergy Corp. (NYSE:FE – News) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock and provided contingent dividend payment scenarios to reflect possible timing of the completion of FirstEnergy’s pending merger with Allegheny Energy, Inc. “Depending on the timing... 

Allegheny Energy Announces Dividend Plan

The Board of Directors of Allegheny Energy, Inc.has authorized a cash dividend on the company’s common stock. The timing and the amount of such dividend is dependent on whether the pending merger with FirstEnergy Corp.If the proposed merger with FirstEnergy does not become effective on or before March 14, 2011, a dividend of $0.15 per outstanding... 

FirstEnergy’s Ohio Utilities File Motion to Stay, Request for Rehearing and Application for Fuel Recovery

Citing inconsistencies with state law and potentially serious financial consequences that could result from a recent Public Utilities Commission of Ohio (PUCO) ruling, FirstEnergy Corp.’s Ohio utility companies filed a Motion to Stay, as well as an Application for Rehearing and an Application for a Fuel Rider, and requested an expedited ruling... 

FirstEnergy Continues Restoration Efforts to Approximately One Million Customers Affected by Severe Wind Storm

Unexpected high winds that moved through northern Ohio and western Pennsylvania on Sunday afternoon, September 14, interrupted electric service to approximately one million customers of FirstEnergy Corp.’s Ohio Edison and Cleveland Electric Illuminating Company subsidiaries in Ohio, and Penn Power and Penelec subsidiaries in western Pennsylvania.... 

FirstEnergy Solutions Licensed to Sell Electricity in Illinois

FirstEnergy Corp. has announced that FirstEnergy Solutions Corp., its competitive subsidiary, has been licensed by the Illinois Commerce Commission as an electric generation supplier in the Ameren service territory in Illinois. “Even though FirstEnergy Solutions is a new electric generation supplier in Illinois, we have been very active in deregulated...